Review exercisecalculate retained earnings From the following data, calculate the Retained Earnings balance as of December :
Retained earnings, December
$
Cost of buildings purchased during
Net income for the year ended December
Dividends declared and paid in
Increase in cash balance from January to December
Increase in longterm debt in
ExercisBeview exercisecalculate retained earnings From the following data, calculate the Retained Earnings
balance as of December :
LO
